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Hong Kong Lawmaker Calls for DAO Regulation to Boost Web3 Investments

Hong Kong lawmaker Johnny Ng Kit-chong has called for a legal framework to regulate decentralized autonomous organizations (DAOs) to boost Hong Kong’s Web3 investment landscape. Ng said a recent High…

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DAO Treasuries See Over $20 Billion Growth in 4 Months Amid Crypto Market Boom

Four months ago, a total of 179 decentralized autonomous organizations (DAOs) boasted treasuries exceeding $1 million or more each. As of today, this figure has climbed to 211 distinct DAOs…

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Wyoming Gov. Mark Gordon Signs Legislation Recognizing DAOs

The Wyoming governor, Mark Gordon, recently signed into law a bill that establishes a legal framework for regulating decentralized autonomous organizations under existing financial laws. The enactment of this law…

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AI will reinvent DAOs and tokenized models will be valuable: Vance Spencer

Framework Ventures co-founder Vance Spencer sees AI as being the missing piece for DAOs and shared his outlook for the tokenization of AI models.

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Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop

Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Currently,…

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Israel’s chief economist lays out recommendations for crypto regulation

The chief economist said the Supervisor of Financial Service Providers and the Israel Securities Authority should be granted more powers to oversee the industry.

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Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January

Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is…

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ENS Domain Registrations Skyrocketed Last Month, Total Names Created Nears 2 Million

The number of Ethereum Name Service (ENS) domains is nearing the two million mark as 1,888,209 ENS names have been etched into the Ethereum blockchain to date. The project recently…

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Aave DAO Approves the Launch of a Collateral-Backed Stablecoin Called GHO

On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem called “GHO.” Aave Companies proposed the stablecoin during the first…

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